Ramco Industries Limited has informed the Exchange regarding Board meeting held on November 05, 2025. Board at its meeting held today (5.11.2025) approved setting up of a new plant at Maksi, M.P., for manufacture of Fibre Cement Boards.
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The board of Ramco Industries approved setting up a new greenfield plant at Maksi, Madhya Pradesh, to manufacture Fibre Cement Boards. The plant will have an installed capacity of 58,000 metric tonnes per annum and is estimated to cost around Rs. 180 Crores. The project is expected to be completed within 12 months. Funding will be through Rs. 135 Crores in bank term loans, with the balance coming from internal accruals. The company cited growing market demand for Fibre Cement Boards as the rationale for the expansion.
This is a significant capacity addition (Rs. 180 Cr capex) for shareholders, which should boost future revenue and earnings if demand materialises, but also adds debt and execution risk over the next 12 months. The stock may react positively given the growth orientation, though investors should track timely commissioning and capacity utilisation.